PH Refinery Yet To Start Sales, NNPCL Still Selling Dangote Products

The Nigerian National Petroleum Company Limited (NNPCL) has confirmed that it has not yet commenced bulk sales of petroleum products to marketers from its Port Harcourt Refining Company (PHRC). Currently, the company is selling products sourced from the Dangote Refinery at its retail stations.

EDITOR’S PICKS 

• Japa: Russia Opens Doors to Migrants Amid Workforce Shortage
• Crisis Erupts at Celestial Church of Christ in Lagos Over N5m Donation
• EFCC Alleges Nigerian Banks Are Channels for Money Laundering

EKO HOT BLOG reports that NNPCL spokesperson, Olufemi Soneye, issued a statement on Friday, emphasizing that the PHRC is still in the process of finalizing essential operations.

As a result, the refinery’s products are exclusively available for NNPCL’s own filling stations for the time being.

Soneye further addressed rumors circulating on social media regarding the pricing of products from PHRC, urging the public to disregard the misleading information.

He explained that while the company is selling Dangote Refinery products, pricing includes the applicable fees set by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

Regarding the pricing of fuel from the Port Harcourt Refining Company, Soneye noted that it has not been fixed yet, as prices are adjusted periodically based on operational conditions.

The clarification from NNPCL comes after the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) announced a slight reduction in the price of Premium Motor Spirit (PMS) for marketers, from ₦1,045 to ₦1,030 per litre.

This announcement was made by PETROAN’s National President, Dr. Billy Harry, during a meeting held in Abuja.

NNPCL Port Harcourt Refinery

NNPCL reassured the public that official communications would be made regarding any future price reviews or changes in sales processes.

FURTHER READING

• Week 21 Pool Results For Saturday, Nov 23, 2024: Latest Updates
• Why I Didn’t Present my Certificate of Return to APC Chairman Ganduje – Aiyedatiwa
• Guardiola Pledges To Stay With Manchester City Even If Relegated

---

Advertise or Publish a Story on EkoHot Blog:

Kindly contact us at [email protected]. Breaking stories should be sent to the above email and substantiated with pictorial evidence.

Citizen journalists will receive a token as data incentive.

Call or Whatsapp: 0803 561 7233, 0703 414 5611